5000 YRCW Dec 12/13 call spreads went up in several blocks on the AMEX
Shares YRC Worldwide Inc (YRC) are up .70 to 10.75 today.? YRC is near the middle of the 52 week range.
- Paper traded 5000 YRCW Dec 12/13 call spreads for .15.?
- The ADV is 919.?
- The OI is over 5220 and 457 contracts on each strike.
The volume went up in several blocks on the AMEX marked spread.? This trade looks like a call spread roll up if the OI is any indication.? The trade is closing the short Dec against OI in the Dec 10 and rolling up to the 13s.? The net premium is very small on the 13 so the roll is curious but they want some room to run on the upside.? This could be the result of a tumultuous two weeks.
- IV 30 is trading for 57%.?
- HV10 is trading for 187%.?
- IV 30 is trading above the HV 10.
YRC Worldwide Inc. (YRC Worldwide) is a holding company that, through its subsidiaries and its interest in a Chinese joint venture, offers a range of transportation services.